News Centre

EGX Suspends Trading On Tuesday 27 May, 2014

Date 26/05/2014

Reference to the decision of the Egyptian cabinet declaring Tuesday as an official holiday, EGX will be suspending trading tomorrow, Tuesday, May 27, 2014. Trading at EGX will be resumed on Wednesday, May 28, 2014.

Sourcing The Right Collateral Increases As Priority For Financial Industry In Asia, Shows Poll At Clearstream And SGX Conference

Date 26/05/2014

• Every other delegate at fifth annual Global Securities Financing Conference Asia believes there will be a shortfall of collateral in the next 12 to 24 months
• Clearstream and Singapore Exchange (SGX) collaboration will develop and deliver collateral management solutions for Asian market
• Fifth annual Global Securities Financing Conference Asia in Singapore brings together more than 150 delegates from across the Asia-Pacific region

Hong Kong's Securities and Futures Appeals Tribunal Affirms SFC Decision To Suspend Former Responsible Officer Of China Securities Holdings Limited

Date 26/05/2014

The Securities and Futures Appeals Tribunal (SFAT) has affirmed the decision of the Securities and Futures Commission (SFC) to suspend a former representative and responsible officer of China Securities Holdings Limited (China Securities) Mr Peter Leung for a period of one year from 23 May 2014 to 22 May 2015 (Notes 1, 2 & 3).

70 Companies And 200 Investors Meet At Spanish Exchange For The 10th. MedCap Forum

Date 26/05/2014

The Secretary of State for Trade, Jaime García-Legaz and Antonio Zoido, Chairman of BME, to open the 10th MedCap Forum tomorrow

Thai Bourse And Cambodia Securities Exchange Signed MoU

Date 26/05/2014

The Stock Exchange of Thailand (SET) signed a memorandum of understanding (MOU) with Cambodia Securities Exchange (CSX) to promote development of capital market in Cambodia and Thailand. Among others, the MOU encompasses human resource training, professional training, information sharing and promoting capital market business opportunities between the two exchanges.

Singapore Fixed Income Indices (SFI) Weekly Report - Performance Review For The Week Ending 23 May 2014

Date 26/05/2014

Below are key highlights for the week ending 23 May 2014 (please click on the attachment for further detail):

• The SFI lost 0.28% to 117.53.  The SFI is 1.03% shy of its all-time high.

• YTD, the STI currently outperforms the SFI by 1.33%.

• The SFI made its first weekly decline in seven weeks.  The SFI Corporate Bond Index however, continues to advance. 

• The SFI Corporate Bond Index closed the week at an all-time high (121.98), while the SFI Government Bond Index dipped.

• Correlation between the SFI Corporate Bond Index and the STI is approximately 18% YTD.

HKEx: New Legal Proceedings - London Metal Exchange And LME Holdings Named As Co-Defendants In Class Action - Complaint Alleges Anti-Competitive And Monopolistic Behaviour In Warehousing Market In Connection With Zinc Prices - Lead Plaintiff Duncan Galvanizing Corporation

Date 26/05/2014

On 23 May 2014, Hong Kong Exchanges and Clearing Limited (“HKEx” or “Company”) and its subsidiaries, The London Metal Exchange (“LME”) and LME Holdings Limited (together, the “Subsidiaries”) were named as co-defendants in a class action filed in the United States District Court for the Southern District of New York. The complaint alleges anti-competitive and monopolistic behaviour in the warehousing market in connection with zinc prices. HKEx and LME management’s initial assessment is that the lawsuit is without merit and HKEx and the Subsidiaries will contest it vigorously. 

Japan's Financial Services Agency And Certified Public Accountants And Auditing Oversight Board Exchange Of Letters On Cooperation In The Area Of Audit oOversight With The Financial Reporting Council Of The United Kingdom

Date 26/05/2014

1. The Financial Services Agency (FSA) and the Certified Public Accountants and Auditing Oversight Board (CPAAOB) exchanged the Letter on cooperation in the area of audit oversight(PDF:792KB) with the Financial Reporting Council (FRC) of the United Kingdom on May 23, 2014.

Egyptian Exchange: The Coverage Of Sabaa International Pharmaceuticals Offering Exceeds 26.8 Times

Date 25/05/2014

EGX announced that the allocation percentage of Sabaa International Pharmaceuticals Company has reached about 3.7%, this after the asked shares exceeded the offerred by 26.8 times.

To Coincide With Inclusion Of Qatar In MSCI Emerging Markets Index - Qatar Stock Exchange Hosts International Investment Sell-Side Companies In London

Date 24/05/2014

Ahead of the MSCI Emerging Markets inclusion for Qatari companies, the Qatar Stock Exchange hosted a dinner event in London for senior representatives of sell side Brokers and Institutions.